Tycoon Operating Company, Inc. has operated as a Texas corporation since 2010. Its principal offices are located at 555 Republic Drive, Suite 100, Plano, Texas 75074. The company has pursued a policy of drilling low risk oil and gas prospects, usually in areas of proven production, primarily in the geographical areas of Teaxs. The company’s specialty is in acquiring high quality leases in proven fields, usually surrounded by existing production. Engineering then seeks to tie in the location of the new prospect with the existing surrounding proven production, using 3-D interpretation.
Experience has demonstrated this to be the lowest risk, and potentially highest reward method of operation. Tycoon Operating Company, Inc. evaluates hundreds of prospects each year, but selects typically only one to two projects for development. There are numerous leases available for drilling and development, but only a select few meet the stringent criteria that Tycoon’s experienced team requires.